Key Highlights: Bitcoin fell below the $84,000 threshold, hitting 24-hour lows of $83,551 on Coinbase and $83,555 on Kraken. Bullish traders took the heaviest losses, with Coinalyze reporting $83 million in long liquidations across tracked bitcoin contracts compared to $8.4 million in short liquidations. Despite the wave of forced closures, derivatives open interest increased by ...
Key Highlights: Bitcoin open interest rose to approximately 653,000 BTC, or $56.2 billion, ahead of Friday’s U.S. jobs report. Open interest increased by about 27,000 BTC, or $2.3 billion, from Sept. 30 as Bitcoin climbed from roughly $83,500 to $86,500. The perpetual funding rate rose from around 3% to 10%, indicating that long-position traders are ...
Key Highlights More than $220 million in cryptocurrency positions were liquidated over 24 hours, with long traders bearing most of the losses. Bitcoin open interest fell 2.20%, while CryptoQuant warned that profit-taking has reached its highest level since December 2024. Bitcoin wallets holding between 10 and 10,000 BTC accumulated 41,025 BTC over the past 10 ...